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    Question

    As of August 17, 2024, what action did the Indian government take regarding the windfall tax on diesel and aviation turbine fuel (ATF)?

    A Increased the tax Correct Answer Incorrect Answer
    B Reduced the tax to ₹1,000 per tonne Correct Answer Incorrect Answer
    C Scrapped the tax entirely Correct Answer Incorrect Answer
    D Imposed an additional surcharge Correct Answer Incorrect Answer
    E Maintained the existing tax Correct Answer Incorrect Answer

    Solution

    The government scrapped the windfall tax on the export of diesel and aviation turbine fuel (ATF).

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